GBP/USD short-based on a correction moove on higher time frame
GBP/USD short position, this is an intraday short based on a correction price structure on the daily chart, we know this because the GBP pair is broadly bullish in its overall direction
*The use of trend lines gives us a guided indication of "how the trend breaks" to initiate the correction to the downside
* candlestick patterns and an "M" form top were used for confirmation/confluence
*support and resistance blocks were used to identify entry areas or POI- position of interest on where to short
*The use of trend lines gives us a guided indication of "how the trend breaks" to initiate the correction to the downside
* candlestick patterns and an "M" form top were used for confirmation/confluence
*support and resistance blocks were used to identify entry areas or POI- position of interest on where to short